Can I retire at age 30 with 10,500,000?

Use the below retirement simulation to view the chances of a successful retirement.
Confused? Try the simple retirement calculator
About Your Retirement ?
Current Age
Retirement Age
Current Savings $
Annual Deposits $
Annual Withdrawals $
Stock market crash:
Portfolio ?
% in Stocks:
% in Bonds:
% in Cash:
Modify Stock Returns:
0%
Modify Bond Returns:
0%
Modify Cash Returns:
0%
Modify Inflation:
0%
How much money do I need to retire?

This retirement calculator runs simulations based on past data from the S&P 500, 10 Year Treasury Bond, 3 month T-Bill, and US inflation. For each year of each simulation, a random return and inflation amount is chosen.

How to use: Enter your current age and the age when you retire. Then enter your current savings, the amount that you can save annually before you retire, and the amount that you plan to withdraw after retirement. Your annual deposits and withdrawals take inflation into account. For example, if you need $50,000 to live on in retirement using today's dollars, we will automatically take into account the cost of living for your retirement years. The same is true for your annual deposits. Next, decide if you'd like to simulate a stock market crash.

In the portfolio section, choose the makeup of your portfolio with stocks, bonds, and cash. Cash assumes that your money is stored in a savings account. You can then alter the future returns and inflation. For example, if the market has historically returned about 10%, but you think the future will be worse, modify the stock returns by -3%, and the future returns will average out to 7%. Investment fees can also lower stock market returns. Many index funds and ETFs offer extremely low fees and expenses.

Many people receive income in retirement, such as social security, pension plans, part time jobs, annuities, and other benefits. This would allow you to take out smaller distributions every year. Please note that taxes must also be considered, but are not used in this simulation. A 401k, Roth IRA, and Traditional IRA are taxed differently than a standard investment account, as are dividends.

Note: This assumes that the future is at least somewhat like the past. In reality, anything could happen. The Soviet Union collapsed, Japan's Nikkei Index is still well below its 1989 peak. Numerous other markets have changed drastically and never recovered. However, this online tool is helpful in retirement planning and estimating how much you might need for retirement, especially those hoping to retire early. We recommend receiving advice from a financial planner.

Want to retire with $10,500,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.8%
1 years$867,080$859,357$851,821$844,466$837,285$830,964
2 years$429,248$421,253$413,506$405,993$398,707$392,334
3 years$283,323$275,294$267,565$260,124$252,956$246,729
4 years$210,374$202,370$194,719$187,405$180,410$174,377
5 years$166,617$158,661$151,110$143,945$137,145$131,323
6 years$137,455$129,558$122,119$115,114$108,518$102,914
7 years$116,633$108,803$101,482$94,641$88,254$82,872
8 years$101,023$93,264$86,065$79,392$73,216$68,054
9 years$88,889$81,203$74,127$67,625$61,658$56,717
10 years$79,187$71,577$64,626$58,293$52,536$47,812
11 years$71,255$63,720$56,896$50,732$45,183$40,672
12 years$64,649$57,192$50,493$44,499$39,154$34,854
13 years$59,064$51,685$45,113$39,286$34,143$30,048
14 years$54,281$46,980$40,534$34,874$29,930$26,034
15 years$50,139$42,917$36,597$31,101$26,353$22,652
16 years$46,519$39,376$33,180$27,848$23,290$19,779
17 years$43,328$36,264$30,193$25,021$20,651$17,322
18 years$40,494$33,509$27,562$22,549$18,362$15,210
19 years$37,962$31,056$25,232$20,375$16,366$13,386
20 years$35,686$28,859$23,156$18,453$14,619$11,803
21 years$33,630$26,881$21,299$16,748$13,082$10,425
22 years$31,762$25,092$19,631$15,227$11,726$9,221
23 years$30,060$23,468$18,125$13,868$10,526$8,167
24 years$28,502$21,988$16,763$12,648$9,461$7,241
25 years$27,071$20,635$15,526$11,551$8,514$6,427
26 years$25,752$19,393$14,399$10,562$7,669$5,709
27 years$24,532$18,251$13,371$9,668$6,914$5,075
28 years$23,402$17,198$12,430$8,858$6,239$4,515
29 years$22,352$16,225$11,567$8,123$5,633$4,019
30 years$21,373$15,322$10,775$7,454$5,090$3,579
31 years$20,460$14,485$10,045$6,846$4,602$3,189
32 years$19,605$13,706$9,372$6,292$4,163$2,843
33 years$18,804$12,979$8,751$5,786$3,767$2,535
34 years$18,051$12,301$8,176$5,324$3,411$2,261
35 years$17,344$11,668$7,644$4,901$3,089$2,018
36 years$16,676$11,074$7,151$4,513$2,799$1,801
37 years$16,047$10,518$6,693$4,158$2,537$1,608
38 years$15,452$9,996$6,268$3,833$2,300$1,435
39 years$14,889$9,505$5,872$3,534$2,086$1,282
40 years$14,355$9,043$5,504$3,260$1,892$1,145
41 years$13,849$8,608$5,161$3,008$1,716$1,023
42 years$13,368$8,198$4,841$2,776$1,557$914
43 years$12,911$7,811$4,543$2,562$1,413$817
44 years$12,475$7,446$4,264$2,366$1,283$730
45 years$12,061$7,100$4,004$2,185$1,165$652
46 years$11,665$6,773$3,761$2,018$1,057$583
47 years$11,288$6,464$3,533$1,865$960$521
48 years$10,927$6,171$3,320$1,723$872$466
49 years$10,582$5,893$3,121$1,592$792$417
50 years$10,252$5,629$2,934$1,472$719$372

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $10,500,000, adding $4,949 every year, while hoping to spend $26,767 every year in retirement. These numbers increase with inflation.
Reality usually performs much different than the expected returns. This uses historical averages, but anything can happen. In general, riskier investments have greater returns on average, but more volatility in the short term.
Age Total: 100% Stocks Total: 100% Bonds Total: 100% Cash Total: 52/18/30 Blend
29$10,500,000$10,500,000$10,500,000$10,500,000
30$11,576,105$11,019,605$10,856,855$12,080,094
31$12,728,388$11,531,086$11,192,080$12,943,327
32$13,997,306$12,066,732$11,537,637$13,878,814
33$15,394,729$12,627,699$11,893,846$14,896,024
34$16,933,735$13,215,200$12,261,033$16,002,782
35$18,628,734$13,830,503$12,639,536$17,207,692
36$20,495,608$14,474,941$13,029,703$18,520,212
37$22,551,855$15,149,908$13,431,894$19,950,746
38$24,816,759$15,856,868$13,846,477$21,510,734
39$27,311,569$16,597,355$14,273,834$23,212,761
40$30,059,699$17,372,975$14,714,357$25,070,669
41$33,086,953$18,185,416$15,168,453$27,099,689
42$36,421,763$19,036,442$15,636,537$29,316,577
43$40,095,462$19,927,907$16,119,040$31,739,771
44$44,142,576$20,861,752$16,616,406$34,389,559
45$48,601,154$21,840,013$17,129,090$37,288,272
46$53,513,122$22,864,823$17,657,565$40,460,484
47$58,924,682$23,938,421$18,202,315$43,933,244
48$64,886,747$25,063,152$18,763,840$47,736,325
49$71,455,424$26,241,474$19,342,657$51,902,501
50$78,692,537$27,475,967$19,939,296$56,467,854
51$86,666,219$28,769,332$20,554,306$61,472,106
52$95,451,548$30,124,405$21,188,250$66,958,990
53$105,131,261$31,544,155$21,841,711$72,976,659
54$115,796,528$33,031,698$22,515,287$79,578,132
55$127,547,823$34,590,299$23,209,598$86,821,792
56$140,495,861$36,223,384$23,925,280$94,771,927
57$154,762,651$37,934,542$24,662,988$103,499,336
58$170,482,644$39,727,537$25,423,401$113,081,985
59$187,804,004$41,606,317$26,207,216$123,605,739
60$206,890,005$43,575,019$27,015,150$135,165,165
61$227,920,572$45,637,982$27,847,944$147,864,416
62$251,093,983$47,799,755$28,706,363$161,818,210
63$276,628,735$50,065,109$29,591,192$177,152,898
64$304,765,612$52,439,045$30,503,242$194,007,656
65$335,769,953$54,926,808$31,443,350$212,535,783
66$369,934,162$57,533,895$32,412,376$232,906,144
67$407,580,465$60,266,074$33,411,209$255,304,750
68$449,063,950$63,129,389$34,440,762$279,936,507
69$494,775,925$66,130,181$35,501,979$307,027,140
70$545,147,605$69,275,096$36,595,832$336,825,310
71$600,654,190$72,571,105$37,723,321$369,604,950
72$661,819,345$76,025,516$38,885,480$405,667,843
73$729,220,146$79,645,995$40,083,371$445,346,453
74$803,492,528$83,440,576$41,318,092$489,007,054
75$885,337,289$87,417,687$42,590,771$537,053,173
76$975,526,705$91,586,166$43,902,574$589,929,384
77$1,074,911,818$95,955,277$45,254,700$648,125,493
78$1,184,430,477$100,534,739$46,648,385$712,181,140
79$1,305,116,185$105,334,741$48,084,906$782,690,884
80$1,438,107,860$110,365,967$49,565,574$860,309,797
81$1,584,660,585$115,639,623$51,091,744$945,759,627
82$1,746,157,459$121,167,459$52,664,812$1,039,835,595
83$1,924,122,650$126,961,795$54,286,214$1,143,413,884
84$2,120,235,791$133,035,554$55,957,433$1,257,459,890
85$2,336,347,830$139,402,284$57,679,995$1,383,037,314
86$2,574,498,509$146,076,196$59,455,475$1,521,318,178
87$2,836,935,618$153,072,191$61,285,494$1,673,593,876
88$3,126,136,217$160,405,894$63,171,724$1,841,287,329
89$3,444,830,022$168,093,694$65,115,888$2,025,966,403
90$3,796,025,174$176,152,775$67,119,760$2,229,358,679
91$4,183,036,640$184,601,159$69,185,170$2,453,367,736
92$4,609,517,508$193,457,746$71,314,004$2,700,091,093
93$5,079,493,476$202,742,357$73,508,205$2,971,839,981
94$5,597,400,855$212,475,777$75,769,774$3,271,161,131
95$6,168,128,456$222,679,805$78,100,776$3,600,860,783
96$6,797,063,744$233,377,300$80,503,337$3,964,031,145
97$7,490,143,695$244,592,238$82,979,648$4,364,079,549
98$8,253,910,855$256,349,760$85,531,969$4,804,760,584
99$9,095,575,098$268,676,235$88,162,626$5,290,211,498
100$10,023,081,703$281,599,314$90,874,019$5,824,991,217